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Charles River Plaza's owners test the market.

The Boston Globe (Boston, MA)

| March 01, 2007 | Palmer, Thomas C., Jr. | This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Thomas C. Palmer Jr.

Mar. 1--Charles River Plaza, an office and retail complex on Cambridge Street that was renovated and expanded four years ago, is on the market and could set a price record for large commercial buildings in Boston.

The 647,783-square-foot complex is fully leased, mostly under a long-term contract for use by Massachusetts General Hospital, and has Whole Foods Market, CVS Corp., Bank of America Corp., and Cold Stone Creamery as tenants.

Its redevelopers and owners, Davis Marcus Partners Inc., are putting it up for sale at a time when prices for commercial space in some major cities are skyrocketing, and as Boston in…

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